Spain vs Italy: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Spain and Italy from 2000 to 2026, based on World Bank CPI data.

Cumulative inflation in Spain was 73.2% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Italy was 60.9%.

VS

Spain

EUR
+73.2% Total Inflation
2.32% Avg Annual Rate
-42.3% Purchasing Power Lost
VS

Italy

EUR
+60.9% Total Inflation
2.00% Avg Annual Rate
-37.9% Purchasing Power Lost
🏆
Italy had lower cumulative inflation — 12.3 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Spain CPI Spain (Change) Italy CPI Italy (Change)
2000 75.93 - 80.71 -
2001 78.65 +3.6% 82.96 +2.8%
2002 81.06 +3.1% 85.00 +2.5%
2003 83.53 +3.0% 87.28 +2.7%
2004 86.06 +3.0% 89.20 +2.2%
2005 88.96 +3.4% 90.97 +2.0%
2006 92.09 +3.5% 92.87 +2.1%
2007 94.66 +2.8% 94.57 +1.8%
2008 98.52 +4.1% 97.74 +3.3%
2009 98.23 -0.3% 98.50 +0.8%
2010 100.00 +1.8% 100.00 +1.5%
2011 103.20 +3.2% 102.78 +2.8%
2012 105.72 +2.4% 105.91 +3.0%
2013 107.21 +1.4% 107.20 +1.2%
2014 107.05 -0.2% 107.46 +0.2%
2015 106.51 -0.5% 107.50 +0.0%
2016 106.30 -0.2% 107.40 -0.1%
2017 108.38 +2.0% 108.71 +1.2%
2018 110.19 +1.7% 109.95 +1.1%
2019 110.96 +0.7% 110.62 +0.6%
2020 110.60 -0.3% 110.47 -0.1%
2021 114.02 +3.1% 112.54 +1.9%
2022 123.59 +8.4% 121.77 +8.2%
2023 127.96 +3.5% 128.62 +5.6%
2024 131.51 +2.8% 129.88 +1.0%

Inflation by Decade: Spain vs Italy

Year-by-year CPI and inflation for Spain and Italy, 2000–2026
Year Spain (Total Inflation) Spain (Avg Annual Rate) Italy (Total Inflation) Italy (Avg Annual Rate)
1960s +70.1% 6.08% +40.3% 3.83%
1970s +258.5% 15.24% +200.8% 13.01%
1980s +128.2% 9.60% +135.9% 10.00%
1990s +41.5% 3.93% +41.0% 3.89%
2000s +29.4% 2.90% +22.0% 2.24%
2010s +11.0% 1.16% +10.6% 1.13%
2020s +18.9% 4.42% +17.6% 4.13%

The inflation gap between Spain and Italy widened to 12.3 percentage points from 2000 to 2026.

€100 in Spain in 2000 lost roughly the same relative value as €92.91 in Italy.

Spain's highest annual inflation was 8.4% in 2022; Italy's was 8.2% in 2022.

Frequently Asked Questions

Which had higher inflation, Spain or Italy?

Between 2000 and 2026, Spain had higher cumulative inflation (73.2%) than Italy (60.92%), according to World Bank CPI data.

What was cumulative inflation in Spain from 2000 to 2026?

Prices in Spain rose 73.2% cumulatively, an average of 2.32% per year.

What was cumulative inflation in Italy from 2000 to 2026?

Prices in Italy rose 60.92% cumulatively, an average of 2% per year.

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Between 2000 and 2026, Italy had lower cumulative inflation (60.9%) than Spain (73.2%).